FULL TEXT HFT Dark Pool Complaint Online in NYS v. Barclays

Source: BrokeandBroker.com

On June 25, 2014, New York State Attorney General Eric Schneiderman filed a Complaint naming defendants Barclays PLC and Barclays Capital Inc.with fraud arising from the operation of a dark pool and other attendant electronic trading practices. READ the FULL TEXT COMPLAINTNOTE: The a Complaint merely contains allegations and the defendants are presumed innocent unless and until proven guilty in a court of law.As alleged in the Complaint:1. This is a case about fraud and deceit by one of the world’s largest banks. Barclays operates in fifty countries with particularly large business operations in New York and London. The facts in this case concern a major business division in Barclays’ New York office,the Equities Electronic Trading division. In that division, Barclays operates a private se...
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